417 Locust E, San Antonio, TX 78212
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  • MLS#: 1809835 ( Multi-Family (2-8 Units) )
  • Street Address: 417 Locust E
  • Viewed: 35
  • Price: $1,090,000
  • Price sqft: $217
  • Waterfront: No
  • Year Built: 1945
  • Bldg sqft: 5024
  • Days On Market: 97
  • Additional Information
  • County: BEXAR
  • City: San Antonio
  • Zipcode: 78212
  • Subdivision: Tobin Hill
  • District: San Antonio I.S.D.
  • Elementary School: Call District
  • Middle School: Call District
  • High School: Call District
  • Provided by: Keller Williams City-View
  • Contact: Matthew Laird
  • (210) 649-8013
  • San Antonio, TX MLS IDX
  • DMCA Notice
  • Description
    Welcome to the beautifully restored property at 417 E Locust, offering investment stability through cash flow, revenue growth, location, and rental demand. This property was taken down to the studs and had a full restoration completed in 2019 2020, including new hard wood flooring, drywall, full paint, full bath remodel, full kitchen remodel, new appliances, counter tops, washer/dryer in each unit, roof (2024), artificial turf, paved parking, and spray insulation, to name a few. Zoned MF 33, the seller has also paid for and will transfer architectural/engineering plans for a duplex that can be added in the back of the property ($10k value). There is an active STR permit and all furniture will convey in the sale upon request of buyer. Lastly, one of the property's most attractive qualities is its ease of management perfect for short, mid, or long term rental, or a combination of the three, depending on your investment strategy.
Features
Building and Construction
  • Apprx Age: 79
  • Builder Name: Unknown
  • Construction: Pre-Owned
  • Exterior Features: Wood
  • Flooring: Ceramic Tile, Wood
  • Roofing: Composition
  • Source Sqft: Appsl Dist
School Information
  • Elementary School: Call District
  • High School: Call District
  • Middle School: Call District
  • School District: San Antonio I.S.D.
Eco-Communities
  • Water/Sewer: City
Utilities
  • Air Conditioning: Multi-Unit Central
  • Heat: Central
  • Heating Fuel: Electric
  • Meters: Separate Electric, Separate Gas, Common Water
  • Utility Supplier Elec: CPS
  • Utility Supplier Gas: SAWS
  • Utility Supplier Grbge: City
  • Utility Supplier Sewer: SAWS
  • Utility Supplier Water: SAWS
Finance and Tax Information
  • Annual Operating Expense: 49582
  • Days On Market: 82
  • Home Owners Association Mandatory: None
  • Net Operating Income: 70418
  • Total Tax: 19942
Other Features
  • Contract: Exclusive Right To Sell
  • Instdir: Located between McCullough and N St Marys on north-side of Locust.
  • Legal Description: Ncb 1737 Blk 6 Lot 5
  • Op Exp Includes: Taxes, Insurance, Maintenance, All Utilities, Miscellaneous, Other
  • Ph To Show: 210-222-2227
  • Salerent: For Sale
  • Style: Two Story
  • Views: 35
Owner Information
  • Owner Lrealreb: No
Headshot for Associate Lilia Ortega
  1. Lilia Ortega, ABR,GRI,REALTOR ®,RENE,SRS
  2. Premier Realty Group
  3. Mobile: 210.781.8911
  4. Office: 210.641.1400
  5. homesbylilia@outlook.com